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The Wall Street Publication > Blog > World > U.K. Seeks to Calm Investors Amid Clash in Strategies Over Economy
World

U.K. Seeks to Calm Investors Amid Clash in Strategies Over Economy

Editorial Board Published September 27, 2022
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U.K. Seeks to Calm Investors Amid Clash in Strategies Over Economy
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The U.K. government, after a punishing week for the pound and bond market in London, tried Tuesday to reassure investors that it is working to better coordinate with the Bank of England as Prime Minister Liz Truss’s tax cuts and energy subsidies complicate efforts to control spiraling inflation.

U.K. Chancellor of the Exchequer Kwasi Kwarteng said he was meeting Bank of England Governor Andrew Bailey daily.

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